Hierarchy in an Organization Is Necessary For

question 34

Multiple Choice

Hierarchy in an organization is necessary for:

• A) Unity of command
• B) Centralization
• C) Decentralization
• D) Communication

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Definitions:

Fixed Expenses

Costs that remain constant over a period and are not affected by changes in business activity levels.

Variable Expenses

Costs that vary directly with the level of activity or production output, such as raw materials and direct labor.

Break-even Point

The point at which total costs and total revenues are equal, meaning there is no profit or loss.

Variable Expenses

Costs that vary directly with levels of production or sales volume, such as materials and labor.